| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 484 | 323 | +49.8% |
| EBITDA | 58.0 | 29.9 | +93.9% |
| EBITDA margin | 12.0% | 9.2% | +2.7 pts |
| Profit before tax | 48.7 | 19.3 | +152.4% |
| Net profit | 34.9 | 14.2 | +145.3% |
| EPS | ₹5.22 | ₹2.14 | +143.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 13,772 | — | — | — | — | |
| 143 | 143 | 102 | 118 | 422 | |
| 183 | 183 | 142 | 164 | 306 | |
| 13,812 | — | — | — | — | |
| 1,764 | 1,603 | 1,098 | 867 | 945 | |
| — | +46.0% | +26.6% | −8.2% | — | |
| 201 | 173 | 115 | 62.5 | 113 | |
| 11.4% | 10.8% | 10.5% | 7.2% | 11.9% | |
| 168 | 140 | 86.3 | 39.6 | 93.1 | |
| 134 | 113 | 63.4 | 28.0 | 52.5 | |
| 7.6% | 7.1% | 5.8% | 3.2% | 5.6% | |
| ₹20.01 | ₹16.92 | ₹9.50 | ₹4.19 | ₹7.86 | |
| — | +78.0% | +126.7% | −46.7% | — | |
| — | 57.2 | 25.1 | 17.3 | −13.3 | |
| — | −53.6 | −46.2 | −35.5 | 0.0 | |
| 3.5 | 3.5 | −21.1 | −18.2 | −13.3 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 13,771.6 | |
| - Cash, Equiv & ST Investments | 421.9 | 117.8 | 102.0 | 142.9 | 142.9 | |
| + Total Debt | 306.3 | 164.2 | 141.7 | 183.4 | 183.4 | |
| Enterprise Value | — | — | — | — | 13,812.1 | |
| Revenue | 944.7 | 867.2 | 1,098.1 | 1,603.2 | 1,764.3 | |
| Growth %, YoY | — | -8.2 | +26.6 | +46.0 | — | |
| EBITDA | 112.8 | 62.5 | 114.9 | 173.3 | 201.4 | |
| Margin % | 11.94 | 7.21 | 10.46 | 10.81 | 11.42 | |
| EBIT | 93.1 | 39.6 | 86.3 | 139.7 | 167.7 | |
| Net Income | 52.5 | 28.0 | 63.4 | 112.9 | 133.6 | |
| Margin % | 5.56 | 3.23 | 5.78 | 7.05 | 7.57 | |
| EPS, Adj (current shares) | 7.86 | 4.19 | 9.50 | 16.92 | 20.01 | |
| Growth %, YoY | — | -46.7 | +126.7 | +78.0 | — | |
| Cash from Operations | -13.3 | 17.3 | 25.1 | 57.2 | — | |
| Capital Expenditures | -0.0 | -35.5 | -46.2 | -53.6 | — | |
| Free Cash Flow | -13.3 | -18.2 | -21.1 | 3.5 | 3.5 | |
Prices at the previous close · figures from the company's filings with NSE
Avalon Technologies (NSE: AVALON) had a market capitalisation of ₹13,781 crore at the previous close (₹2,062.70 a share), a PE ratio of 103.1 on the last four quarters' profit and a price-to-book ratio of 19.09. In FY26 its consolidated net profit was ₹113 crore on revenue of ₹1,603 crore; in Q1 FY27 (April–June 2026) it was ₹34.9 crore, up 145.3% year on year. Its debt-to-equity ratio was 0.25 on 31 March 2026. Promoters held 40.35% of the shares on 30 September 2026.
Avalon Technologies' PE ratio is 103.1 at the previous close (₹2,062.70 a share): a market capitalisation of ₹13,781 crore divided by consolidated net profit of ₹134 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹113 crore) it is 122.0.
Avalon Technologies' price-to-book (PB) ratio is 19.09 at the previous close: a market capitalisation of ₹13,781 crore divided by shareholders' equity (book value) of ₹722 crore on 31 March 2026. That is a book value of ₹108.02 per share against a share price of ₹2,062.70.
Avalon Technologies' book value per share was ₹108.02 on 31 March 2026: shareholders' equity of ₹722 crore divided by the 6.68 crore shares in issue, up 16.9% from ₹92.44 a year earlier. The share price at the previous close was ₹2,062.70.
Avalon Technologies' market capitalisation was ₹13,781 crore at the previous close: 6.68 crore shares at ₹2,062.70 each.
No. Avalon Technologies had borrowings of ₹183 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.25. Its cash and current investments were ₹143 crore, so its net debt was ₹40.4 crore.
Avalon Technologies' basic earnings per share (EPS) were ₹16.95 in FY26, against ₹9.62 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹20.02.
Avalon Technologies' debt-to-equity ratio was 0.25 on 31 March 2026: borrowings of ₹183 crore against total equity of ₹722 crore. A year earlier, on 31 March 2025, it was 0.23.
Avalon Technologies' net worth — shareholders' equity in its consolidated balance sheet — was ₹722 crore on 31 March 2026, up 18.0% from ₹612 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹13,781 crore at the previous close.
Promoters held 40.35% of Avalon Technologies on 30 September 2026, down 4.04 percentage points from 44.39% the previous quarter and down 4.11 percentage points from 44.46% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Avalon Technologies' return on equity (ROE) was 16.9% and its return on capital employed (ROCE) was 19.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.0% and ROCE 13.1%.
On 30 September 2026, Avalon Technologies' shares were held by promoters 40.35%, foreign portfolio investors (FII/FPI) 11.13%, domestic institutions (DII) 21.83% (including mutual funds at 18.74%) and retail and other non-institutional investors 26.70%. Over the year, FII holding was up 1.09 percentage points from 10.04% and DII holding was down 1.02 percentage points from 22.85%.
In FY26, Avalon Technologies earned net profit of ₹113 crore on revenue of ₹1,603 crore, against ₹346 crore on ₹4,819 crore for Syrma SGS Technology. Avalon Technologies' operating margin was 8.7% (Syrma SGS Technology 9.6%) and its return on equity 16.9% (Syrma SGS Technology 13.8%).
In FY26, Avalon Technologies generated ₹57.2 crore of cash from operations and spent ₹53.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹3.5 crore. In FY25 it was −₹21.1 crore.
Avalon Technologies' latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹34.9 crore, up 145.3% from ₹14.2 crore in Q1 FY26; revenue from operations ₹484 crore, up 49.8% year on year.
In FY26 (April 2025–March 2026), Avalon Technologies' consolidated net profit was ₹113 crore, up 78.0% from ₹63.4 crore in FY25, on revenue from operations of ₹1,603 crore (up 46.0%). Over three years, from FY23, net profit was up 115.1%.
Avalon Technologies has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Syrma SGS Technology, Kaynes Technology India and Dixon Technologies: Avalon Technologies' operating margin of 8.7% is the third highest of the four (Syrma SGS Technology 9.6%, Kaynes Technology India 12.9%, Dixon Technologies 3.0%; peer average 8.5%); its return on equity of 16.9% is the second highest of the four (Syrma SGS Technology 13.8%, Kaynes Technology India 9.6%, Dixon Technologies 37.4%; peer average 20.3%); its revenue growth over three years of 19.3% a year is the lowest of the four (Syrma SGS Technology 33.0% a year, Kaynes Technology India 47.7% a year, Dixon Technologies 58.9% a year; peer average 46.5% a year).
From Avalon Technologies' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.